Financial Inclusion

What is the Project About

In partnership with the National Bank for Agriculture and Rural Development, the project aims to increase financial inclusion of the poor by developing appropriate financial products for them and increasing awareness on available financial services and strengthening financial literacy, particularly amongst women.

What Have We Accomplished So Far

Community-based model established to improve access of more than one million poor households to health-related information and services available under the national flagship Rashtriya Swasthya Bima Yojana or the National Health Insurance Scheme

About 5,000 households better linked to financial services and products in Pakur district in Jharkhand

Nearly 10,000 poor men and women have benefited from customized financial literacy packages that include information on available financial products and services, pricing and conditions

Knowledge sharing networks such as the United Nations Solution Exchange- Microfinance Community of Practice have provided policy support through inputs on key draft legislations

Social Mobilization for Poverty Alleviation
As a result of UNDP India’s Social Mobilization for Poverty Alleviation project in partnership with the Ministry of Rural Development, Government of India, women in the villages of Udaipur in Rajasthan have been able to open bank accounts and take important decisions related to livelihoods.